Don't let the headlines about foreclosure rates, subprime lending woes, and
inventory gluts cloud your thinking about your profession: Instead, consider these silver linings from sales associate Michael J. Maher.
There's even new - home building still going on in some of these areas, as unlikely as that might seem given all the talk about
inventory gluts in so many markets.
Though there may be temporary
inventory gluts, the basic supply / demand story hasn't changed, and energy stocks still discount oil prices in the 40s, not the 60s.
Compliance with a global deal to cut oil supply hit a new high in February and
an inventory glut is shrinking fast, a joint OPEC and the non-OPEC committee said, Continue Reading
U.S. economic growth braked sharply in the third quarter as businesses cut back on restocking warehouses to work off
an inventory glut, data showed.
Some say there's too much worry about
an inventory glut.3 Others see its sub-niche stealing investors» affections versus processors.4 Another gushed that MU will hold up better than peers if the bigger group stalls.5 Even old - school money manager David Tepper's batting his eyes.6
Also, says Stack, there was
an inventory glut then and a shortage now that is causing prices to soar.
In the new - home sector, which faces an ongoing
inventory glut, sales will drop to 693,000 from 796,000 last year, NAR says.
While some new towers have a large number of condos being flipped by their owners,
an inventory glut will be mitigated by minimal competition from developers, who have a majority of their units under contract, data from Miami's Downtown Development Authority show.
Curious why «minor correction,» with demand and inventory being the last straw holding things up; what with potential high layoffs in tech, trouble waters form Chinese investors, and
inventory glut finally making it through the development pipeline?
Not exact matches
Whether or not that happens — and frankly, it's an extreme example of the worst - case scenario for US shale producers — a
glut of global oil
inventories is already weighing on oil prices.
That's due to the tightening of the supply
glut we've been dealing with and the continued drawdown of
inventories for commodities in the metals and energy space.
Thus the wage gains are from a one time energy
glut brought about by increased supply from fracking, lower demand from a weak global economy, and some producers increasing production to make up for lower prices (not entirely self defeating as consumer nations expand
inventories while prices are low).
Oil prices have arisen from the lows set in March, but a
glut of
inventory and few catalysts for dramatic jumps in global energy demand suggest 2015 earnings will likely be less than half of last year's tally.
Last Wednesday, oil jumped nearly 3 percent on reports that U.S.
inventories had fallen more than expected, suggesting the global
glut continues to recede.
«Today (
inventories) are still about 2.8 billion barrels, they are significantly below the peak in 2017 of 3.12 (billion barrels) but still above the time when the
glut started to materialize,» he told reporters during a ministerial panel meeting of OPEC and non-OPEC producers in Jeddah.
Oil is also on the rise as
inventory data released yesterday (blue circle) is yet another indication that the multi-year supply
glut that has been plaguing the market may be showing signs of abating.
Joint cuts of 1.8 million b / d have reduced OECD oil
inventories towards their five - year average and cleared most of the global
glut, with the Saudis cutting even deeper than agreed in an attempt to lift prices well above US$ 80 before selling off shares in Aramco.
As was the case last week, fueling the sell - off was another dose of disappointing
inventory data, which is confirming the market's worst fear that the oil
glut isn't going away as quickly as hoped.
On top of those unknowns, the deal will not be executed for a couple of months, so in the meantime, Iran, Russia, and Saudi Arabia — along with Libya and Nigeria who are ramping up production — will be adding to today's supply
glut, with US
inventory draws remaining insufficient to rebalance the equation.
That Barnes & Noble didn't release a single new Nook tablet over the past year might have something to do with that, though they admit that their plan was to sell through a
glut of existing device
inventory.
HP tried releasing a webOS powered tablet, but that venture resulted in a
glut of unsold
inventory and firesale prices.
And even in desirable areas, the pace at which new properties were built greatly exceeded the demand to purchase the homes, causing a
glut of
inventory.
Over the past few days quite a few blogs have been reporting on the sudden
glut of award
inventory that American Airlines has opened up on various routes.
Concurrently, much of the
glut of homes generated in the downturn — «Shadow
Inventory» — was gobbled up by investors who now rent the properties.
The banks know they're facing a
glut of
inventory out there and that most buyers won't want to wait the 6 months or longer for the possibility that the sale will be accepted, so they have to offer these properties at a discount.
«There is a general consensus that the
glut of listing
inventory is a major source of fuel for the current economic storm we are in,» say Jason Doyle, vice president of Homes.com.
A
glut of
inventory may push rents down, a new report says.
The biggest competition for Canadians, Tuccillo says, are investor groups that are now making unprecedented «bulk investments» — buying dozens of condos or houses at a time in markets, like Florida, which has seen steady price growth and the
inventory of homes for sale sink to five months» worth from the
glut of 20 months back in 2008.